The Tokyo Stock Exchange plans to review the rules for selecting TOPIX constituents and carry out a major reshuffling of constituents from next month. As companies with larger market capitalizations will be more likely to be selected, the changes have been cited as potentially spurring broader efforts to increase corporate value across the market.
The Tokyo Stock Exchange plans to review the rules for selecting TOPIX constituents and carry out a major reshuffling from next month.
Under the new rules, companies with larger market capitalizations are expected to be more likely to be selected, resulting in changes to the constituent mix.
The change is expected to potentially spur broader efforts to increase corporate value across the market.